SCMDOJO

JUNE 14, 2023

As supply chain professionals, we must understand the role of Effectiveness & Efficiency in Supply Chain Optimization But while you may have already implemented changes, you feel like there’s still something missing to decrease your cost. Having supply chain visibility is crucial for several reasons.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 92

EazyStock

OCTOBER 20, 2020

Inventory Control Techniques that use Stock Optimization Best Practices. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the efficiency of their supply chain. Understand your demand.

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Inventory control Supply Chain Optimization Inventory Quantity 98

Finale Inventory

OCTOBER 6, 2023

Must-have WMS Reports Reorder Reports : A reorder report is used in inventory management to indicate when items in stock reach a specified minimum quantity, prompting a reorder to replenish the stock. Monitoring for discrepancies in items, quantities, or damaged goods is critical for maintaining customer trust.

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Supply Chain Optimization Management Quantity Inventory 52

EazyStock

FEBRUARY 18, 2020

What is Economic Order Quantity (EOQ)? Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective is to find the order quantity that minimizes the total inventory holding costs and ordering costs. Will EOQ orders meet the minimum order quantity (MOQ) requirement of suppliers?

Quantity 52

Quantity Inventory Supply Chain Optimization Demand 52

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Supply Chain Efficiency 81

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 81

Supply Chain Game Changer

AUGUST 21, 2022

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Logistics 104

Supply Chain Game Changer

SEPTEMBER 30, 2022

Subscribe to Supply Chain Game Changer. If so, worry no more as this guide gives practical insights on selecting the right pallet racking , which is critical to optimizing your warehouse efficiency. Originally written for Supply Chain Game Changer and published on August 3, 2022. Subscribe Here! Email Address.

Supply Chain Efficiency 110

Supply Chain Efficiency Supply Chain Optimization Inventory Warehouse operations 110

Arkestro

JULY 18, 2023

Unfortunately for supply chain and manufacturing executives, disruption is still the name of the game. Between volatile geopolitical environments, increasing regulations, and shifting consumer demand, economic uncertainty is hitting various areas of the supply chain and manufacturing industries hard.

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

EazyStock

DECEMBER 13, 2020

You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic. With that said, how can you keep your supply chain running as smoothly as possible in the meantime? The best way to safeguard your supply chain will be by building resilience into your operations. Optimize Inventory.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Inventory 98

Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

EazyStock

FEBRUARY 1, 2021

For businesses to succeed in eCommerce they must ensure they have an effective eCommerce supply chain strategy. This means their supply chain operations must be as efficient at serving eCommerce sales channels as they are at fulfilling offline markets. Improving your eCommerce Inventory Management. This is not true.

Supply Chain Optimization 52

Supply Chain Optimization Inventory Management Supply Chain Efficiency 52

IBM Supply Chain Blog

JULY 25, 2023

This software, and the insights it provides, can help providers predict demand patterns, identify potential issues and optimize the distribution network. Optimizing your smart grid Smart grid technology has countless benefits, including increased grid efficiency and reliability and easy integration with renewable energy sources.

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Demand Data Networking Sustainability 61

Spend Matters

JULY 25, 2022

The consensus was cautious optimism about the pivot to a broader platform and ecosystem approach (including the unique community intelligence aspect of Coupa’s solution strategy) that includes the rapidly expanding Coupa App Marketplace. S&OP-driven supply planning for raw materials. Collaborating supply plans/POs with suppliers.

Spend management 75

Spend management Supply Chain Optimization Supply chain management Supply chain management 75

Let's Talk Supply Chain

JANUARY 24, 2023

It’s a new year, and Bloomberg has already coined it the 2023 hangover for supply chain leaders. Never in modern history have supply chain leaders had more visibility, vulnerability, or accountability laid squarely at their feet. Meanwhile, new challenges are still coming painfully into focus.

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supply chain software solutions Supply Chain Optimization Supply chain Supply 98

EazyStock

JUNE 16, 2022

As global supply chains become more complex, disruption in one link in the chain can significantly impact other areas. Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. What is artificial intelligence? Inventory management and AI.

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Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Global supply chains.

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Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 52

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. You can read more about demand forecasting techniques in our article.

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supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. Increased supply chain visibility.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

EazyStock

NOVEMBER 19, 2020

Stock (or inventory) replenishment is the process of moving items along the supply chain so they are ready to be picked and shipped, thus fulfilling orders on time. Any supply chain management professional will tell you that it’s an arduous balancing act to maintain optimized inventory levels through effective stock replenishment.

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Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Inventory 98

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Strategy 101

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 101

Supply Chain Game Changer

JUNE 9, 2020

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? This will invariably impact the Supply Chain of the future. And how exactly will it impact Supply Chain? What does 5G mean for Supply Chain? Subscribe Here! Email Address. What is 5G technology?

Supply Chain Optimization 83

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 83

EazyStock

MAY 20, 2020

At the same time, companies are dealing with erratic customer behavior and badly disrupted supply chains. Why COVID-19 is Driving Supply Chain Digitalization. In 2019 MHI and Deloitte published their report “Elevating Supply Chain Digital Consciousness”. The Benefits of Supply Chain Digitalization.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 52

Procurement Tactics

JULY 20, 2023

But with Supplier order management software, businesses can now automate and optimize these processes, resulting in improved efficiency, cost savings, better customer services, reducing manual errors, and optimizing the overall procurement flow. Supplier Order Management Software: What it is? What is Supplier Order Management Software?

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supply chain software solutions Suppliers Management Real-time Visibility 134

Procurement Tactics

JULY 2, 2023

Laying out the relevant details such as the quality standards, quantities, and specifications of the subject goods or services as well as the other dependencies will allow for an effective collaboration and avoid misinterpretation. To continue to optimize procurement processes, implement these lessons in future job orders.

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supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

EazyStock

JANUARY 4, 2021

Inventory management is crucial to ensuring businesses have agile and efficient supply chain operations. This is where an inventory optimization tool comes into play. Inventory optimization is the next level up from basic inventory management processes. Optimized Inventory Replenishment.

Inventory 52

Inventory Supply Chain Optimization Management Quantity 52

Procurement Tactics

JUNE 8, 2023

A purchase order clearly specifies the details of the purchase, such as the quantity, description, and price, ensuring there are no misunderstandings between the buyer and the seller. This helps in planning and prevents situations like running out of stock or overstocking, optimizing the supply chain management process.

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Purchase orders Purchasing Buyers Quantity 130

Supply Chain Game Changer

OCTOBER 8, 2019

Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Now consider what a Supply Chain entails.

Agile and Lean Supply Chain 63

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 63

Procurement Insights

SEPTEMBER 30, 2023

But we all know that quantity does not necessarily mean quality – or enduring relevance. Once again, when you recognize this elemental difference, you will then take the first steps towards building an effective optimization model.” It is a pretty deep archive of the history of our industry – like counting the rings of an old tree.

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Supply Chain Optimization supply chain software solutions Quantity Supply chain 47

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

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Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Supply Chain Game Changer

APRIL 21, 2020

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! Everyone involved in these Supply Chains is abiding by the social distancing and protective mandates we all are adhering to. What is a Don’t Touch Supply Chain Strategy?

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain supply chain budgeting supply chain software solutions Supply Chain Optimization 91

EazyStock

JUNE 24, 2020

The Coronavirus pandemic has highlighted many weaknesses in supply chains across the globe. Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle.

Inventory 98

Inventory Management Supply Chain Optimization supply chain software solutions 98

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. As a critical supply parameter, managing lead time is essential for mitigating uncertainties in the supply chain.

Agile and Lean Supply Chain 75

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 75

Procurement Tactics

JUNE 28, 2023

It typically looks for details such as supplier information, item descriptions, quantities, prices, or arrival dates. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. Here is a few useful procurement tracking software: 1.

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Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Finale Inventory

DECEMBER 15, 2023

For those managing ecommerce warehouses, optimizing operations is vital for maintaining customer satisfaction and driving profitability. With transfer orders, you can proactively and accurately track and manage the movement of inventory between locations, ensuring that each site has the optimal stock levels to meet demand.

Warehouse operations 98

Warehouse operations Supply Chain Efficiency Real-time Visibility Inventory 98

SCMDOJO

NOVEMBER 9, 2023

With effective inventory control templates, you can maintain an accurate record of your products, including their quantities, dimensions, location, and weight. Often, the data emanating from the warehouse serves as the guiding star for assessing the quantity of inventory.

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